Reuters: US Dollar Report: Japan Noda: recent yen gains do not reflect fundamentals

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Japan Noda: recent yen gains do not reflect fundamentals Jun 4th 2012, 04:49 TOKYO, June 4 | Mon Jun 4, 2012 12:49am EDT TOKYO, June 4 (Reuters) - Gains in the yen have been one-sided recently and do not reflect Japan's economic fundamentals, Prime Minister Yoshihiko Noda said on Monday. Noda, speaking at a news conference, declined to comment on whether Japan has intervened in currency markets. The dollar inched up 0.2 percent to 78.16 yen on Monday but was still not far off Friday's low of 77.65, the greenback's lowest since mid-February.

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